v3.26.1
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
Income Taxes

Note 4. Income Taxes

 

As of June 30, 2026, the Company has $3,000 in gross deferred tax assets resulting from net operating loss of $16,009, available to offset future taxable income through 2041 subject to the change in ownership provisions under IRC 382. A valuation allowance has been recorded to fully offset these deferred tax assets because the Company’s management believes future realization of the related tax benefits is uncertain.

 

The tax provision at the statutory federal income tax rate on June 30, 2026, and the tax provisions attributable to loss before income taxes are as follows:

 

   June 30, 2026 
         
Statutory federal income taxes  $(3,000)   21.0%
Valuation allowance  $3,000    (21.0)%
Effective income tax rate, net  $
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